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Poor results prompt reorganisation at Panalpina [12/Mar/2010]
Swiss based forwarder Panalpina has announced heavy falls in revenue and profits for its financial year 2009 which has prompted senior management changes. Read Full Article...
A tough year for Deutsche Post [10/Mar/2010]
Deutsche Post-DHL has announced a mixed set of 2009 annual results, with revenue down significantly, although it managed to bounce back to profit after a hefty loss in 2008. Read Full Article...
Maersk slumps to loss in 2009 [08/Mar/2010]
The world’s largest shipping group A.P. Moller – Maersk has published its results which have been keenly expected given the severity of the downturn in the shipping market. Read Full Article...
A solid, if not pain-free, year for CEVA [05/Mar/2010]
CEVA is no longer in intensive care and in fact, in many respects, the company is out-performing its peers, according to its latest annual results. Read Full Article...
No surprises in K+N results but provision made for competition fine [03/Mar/2010]
Kuehne + Nagel’s 2009 annual results released at the beginning of the week were unsurprising to the extent that they showed a heavy fall in revenue, yet a more modest fall in profit. Read Full Article...
Almost like old times for Expeditors in Fourth Quarter [26/Feb/2010]
Looking at Expeditors International’s Fourth Quarter figures it is easy to forget the savagery of the recession that the air and sea freight sectors have just been through. Read Full Article...
Lufthansa strike will have impact on air freight market. [22/Feb/2010]
Lufthansa Cargo is under threat from a four day strike by its own pilots and that of its parent company, Lufthansa. Read Full Article...
NOL's Widdows expresses caution about recovery amid Group loss [12/Feb/2010]
Neptune Orient Lines was one of the more cautious shipping companies during the boom years and it appears to have retained its conservative approach through the bust. Read Full Article...
Breaking News: Panalpina receives EC document on alleged 'price fixing' [10/Feb/2010]
Swiss logistics company Panalpina has received a ‘Statement of Objections’ from the European Commission concerning alleged anticompetitive behaviour. Read Full Article...
UPS benefits from strong last quarter [03/Feb/2010]
UPS has announced a strong set of results as it benefited from a strong peak shipping period in the last quarter of 2009. The good news has continued into 2010. Read Full Article...
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